The U.S. Producer Price Index (PPI) rose by 0.2% in December 2024, a slowdown from the 0.4% increase in November. This brings annual PPI inflation to 3.3%, up from 1.1% in 2023. The core PPI, excluding food and energy, remained flat for the month but rose 3.5% year-over-year.
These trends suggest inflationary pressures are easing, which could influence Federal Reserve policy. For crypto investors, this data is crucial as it may impact market sentiment and assets like Bitcoin ($BTC).
